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The Prevention of Conflict of Interests Act was passed by the Bulgarian Parliament
Last update: 2008-10-17 02:51:33

Officials who hold a high state post should file declarations for counteraction to conflict of interests within 7 days term from their election or appointment. According to the Prevention of Conflict of Interests Act officials appointed at public posts are the president and vice-president, constitution judges, ministers, vice-ministers, chairman of the Supreme Court and Supreme Administrative Court, head public prosecutor, ombudsman, mayors, etc. The act stipulates that a conflict of interests arises when a person appointed at a public post has a private sector interest that might affect and influence to the impartially and objective execution of rights as state official. A private interest is considered each benefit and advantage from material or unsubstantial character for a person under a public appointment or for related to him people. For example - family members and business or political partners. The absence of the above-mentioned obstacles should be certified upon taking up into duty with written declaration to the state department of appointment. Declaration shall be posted on the internet. If such declaration is not filed a fine at the amount of 1 000 to 3 000 BGN shall be paid. In the presence of any incompatibility the state official is obliged in one month term to take actions for elimination of the incompatibility.
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